A fresh wave of artificial intelligence startups has caused a stir in Silicon Valley and the broader business landscape throughout this year. However, amid the changes, one constant remains: Big Tech’s continued dominance. Following Microsoft Corp.’s $10 billion investment in OpenAI in January, a race ensued among other tech giants to collaborate with leading […]
The Year of Collaboration: Big Tech’s Embrace of AI Startups Read More »
YouTube stated on Thursday that it has no plans to release a new app for the Apple Vision Pro or allow its existing iPad app to function on the device, at least not initially. In a similar move to Netflix, YouTube recommends users access its content through a web browser, specifically mentioning Safari on the
Elon Musk’s artificial intelligence firm, xAI, has garnered $500 million in commitments from investors toward its $1 billion fundraising objective, sources familiar with the matter reported. The company is engaged in discussions regarding a valuation ranging from $15 billion to $20 billion. However, terms remain subject to potential changes in the upcoming weeks, according
Elon Musk’s AI Startup Secures $500 Million Toward $1 Billion Funding Objective Read More »
Meta is investing billions of dollars in Nvidia’s widely used computer chips, integral to artificial intelligence (AI) research and projects. Mark Zuckerberg revealed in an Instagram Reels post that Meta’s AI-focused “future roadmap” requires the establishment of a substantial compute infrastructure. By the end of 2024, this infrastructure is expected to incorporate 350,000 H100 graphics
Mark Zuckerberg suggests that Meta is investing billions of dollars in Nvidia AI chip Read More »
In an unexpected turn of events, OpenAI CEO Sam Altman expressed his surprise at The New York Times’ lawsuit against the company, stating that their artificial intelligence models do not require training on the publisher’s data. Describing the legal action as peculiar, Altman revealed that OpenAI had been engaged in productive negotiations with the Times
Intel gains a potential reprieve in its battle against a €1 billion fine from the European Commission as an adviser to Europe’s top court identifies flaws in the case presented by antitrust regulators. Laila Medina, an advocate-general for the European Court of Justice, highlighted on Wednesday that the commission had erred in calculating the damage
Intel receives a lifeline in its battle against a €1 billion fine from Brussels. Read More »
Smartphones are poised to become significantly more intelligent in the coming year as the next wave of artificial intelligence permeates the devices that have become ubiquitous in people’s lives. Samsung, the primary competitor to Apple and its iPhone, offered a sneak peek into the evolving landscape of smartphones during the unveiling of the next
Samsung’s AI innovations Read More »
Apple Inc.’s stock, which performed well in 2023, is starting 2024 with challenges that raise concerns about its valuation for investors. The company has shifted into a slow-growth phase, experiencing a lack of year-over-year revenue growth in the past four quarters, primarily relying on its iPhone business, which faces innovation stagnation, affecting consumer device upgrades
Cap table management startup Carta has found itself dealing with a recent public relations crisis over the past couple of days. This is not Carta’s first public scandal, but this new incident has stirred more attention due to its direct impact on the company’s customers. Here’s what happened: According to Carta, one sales employee
What lies ahead for Carta? Read More »
Last week, Artifact, a noteworthy news app developed by Instagram’s co-founders, announced its closure due to challenges in achieving critical mass. Despite positive feedback from its core audience and its strategic use of AI for recommendations, news summarization, and clickbait rewriting, along with a sleek and modern design, the app faced unexpected setbacks. New data
The Fate of Artifact: A Closer Look Read More »
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